JPMorgan US Quality Factor ETF (NYSEARCA:JQUA) Shares Purchased by MorganRosel Wealth Management LLC

MorganRosel Wealth Management LLC grew its stake in shares of JPMorgan US Quality Factor ETF (NYSEARCA:JQUA) by 1.3% during the third quarter, according to its most recent filing with the Securities and Exchange Commission. The institutional investor owned 113,859 shares of the company’s stock after buying an additional 1,415 shares during the quarter. JPMorgan US Quality Factor ETF comprises 2.1% of MorganRosel Wealth Management LLC’s holdings, making the stock its 15th biggest position. MorganRosel Wealth Management LLC owned about 0.14% of JPMorgan US Quality Factor ETF worth $6,441,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other institutional investors also recently made changes to their positions in the stock. ICA Group Wealth Management LLC acquired a new stake in shares of JPMorgan US Quality Factor ETF in the fourth quarter valued at $736,000. Levy Wealth Management Group LLC boosted its position in shares of JPMorgan US Quality Factor ETF by 15.6% during the 2nd quarter. Levy Wealth Management Group LLC now owns 634,321 shares of the company’s stock valued at $33,587,000 after purchasing an additional 85,617 shares in the last quarter. NBC Securities Inc. grew its stake in shares of JPMorgan US Quality Factor ETF by 12.3% in the 1st quarter. NBC Securities Inc. now owns 5,253 shares of the company’s stock worth $277,000 after purchasing an additional 575 shares during the last quarter. Private Advisor Group LLC raised its holdings in shares of JPMorgan US Quality Factor ETF by 35.1% in the 1st quarter. Private Advisor Group LLC now owns 42,546 shares of the company’s stock worth $2,249,000 after purchasing an additional 11,061 shares in the last quarter. Finally, Atria Wealth Solutions Inc. lifted its stake in JPMorgan US Quality Factor ETF by 29.9% during the second quarter. Atria Wealth Solutions Inc. now owns 17,047 shares of the company’s stock valued at $903,000 after purchasing an additional 3,925 shares during the last quarter.

JPMorgan US Quality Factor ETF Stock Performance

Shares of NYSEARCA:JQUA opened at $57.20 on Friday. The stock has a market capitalization of $4.63 billion, a price-to-earnings ratio of 25.27 and a beta of 0.94. JPMorgan US Quality Factor ETF has a 1-year low of $41.37 and a 1-year high of $57.26. The company has a 50 day moving average price of $55.10 and a 200 day moving average price of $53.26.

About JPMorgan US Quality Factor ETF

The JPMorgan U.S. Quality Factor ETF (JQUA) is an exchange-traded fund that is based on the JP Morgan US Quality Factor index. The fund selects companies from the Russell 1000 using three quality factors: profitability, earnings, and solvency. JQUA was launched on Nov 8, 2017 and is managed by JPMorgan Chase.